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Great Two-Story Home in Windsor!
Friendly, quiet Windsor neighborhood. 1115 Nantucket Street in Windsor is a great opportunity for first time home buyers or investors. Enjoy the large, fully fenced backyard from the upper deck or from the walk out basement. All appliances stay and 1-year home warranty is included. Contact Maria Dellota at (970) 215-1013 for your private showing for more information or click the link below for more details.
Sign Surprise
Given how active our market is today and has been over the last few years, many people assume that virtually every home with a “For Sale” sign in the front yard is already under contract.
They are surprised to learn that, in most cases, the “For Sale” sign does indeed represent a home that is actively for sale.
For example, today in Fort Collins there are 655 single-family homes on the market. 290 of these are under contract and will be closing soon. 365 of these are still active. So, 56% of the signs in Fort Collins are in front of homes that are still available.
Here are the specific numbers for each of our Northern Colorado markets:
• Fort Collins = 56%
• Loveland = 57%
• Windsor = 58%
• Greeley = 41%
Over List
A statistic we keep our eye on is the percentage of homes which sell for at least list price.
In a robust, healthy, market with lower inventory, we will frequently see homes selling for their asking price or even higher.
Here are the number of sales that occur for list price or higher in each of our major markets:
• Fort Collins = 60%
• Loveland = 60%
• Greeley = 71%
• Windsor = 56%
There are a couple of things we notice about these numbers. First, well over half of all sales are for at least list price. This means that a buyer needs to be prepared to make a full price offer (or higher) in most cases. This also means that if a seller is priced right and marketed effectively, they should achieve their asking price.
We also notice that these percentages are lower than one year ago. In 2018 these numbers were 5% to 10% higher in each market. This is good news for buyers of course because the bidding wars are not as intense as last year.
Spectacular Home in Highland Meadows!
This spectacular home at 5802 Bromborough Drive with an open floor plan works with the way you live with two bedrooms, a dining room and office all on the main floor surrounding the kitchen and great room. The finished walkout basement backs to Hole 11 and offers amazing views of the green. Complete with a wet bar, rec room and 2 bedrooms, one of which has been converted to the perfect workout space! Contact Anali Roath at (970) 829-8818 for your private showing for more information or click the link below for more details.
Wonderful Cul-de-sac Home!
Terrific home in the popular Windsor Village neighborhood! 140 Ivy Court is located on a quite cul-de-sac, this home features an updated kitchen and functional floor plan. Relax in the large, private back yard with mature trees and landscaping. Extra space for parking a camper or your toys. Close to shopping and schools. New roof and furnace to be installed prior to closing. No HOA! Contact Jon Holsten at (970) 237-2752 for your private showing for more information or click the link below for more details.
Beautifully Maintained Two Story Home in Greeley!
This well-maintained home at 1112 101st Ave Ct is located in West Greeley in the Promontory neighborhood. With easy access to Loveland, Windsor and Ft. Collins, this is the perfect starter home or income property. This West facing house has new quartz counter tops, subway tile back splash, maple cabinets, and traditional hickory floors in the kitchen and in the entryway. Contact Lindsey Crisanti for your private showing at 970-420-4498 for more information or click the link below for more details.
Two Story Condo with Outdoor Green Space in Windsor!
This well maintained 2 bedroom, 2 bathroom end unit 2-story condo at 221 Chestnut St #D6 is in a great location just minutes from downtown Windsor and just a block from the park. The kitchen and bathrooms have been recently updated. Built in shelving through out the home offers convenient storage space. Outdoor green space and patio space in front of the home. The open layout is just waiting for your personal touches. Contact Anali Siegle for your private showing at 970-829-8818 for more information or click the link below for more details.
https://windermerenoco.com/listing/79849580
Beautiful Home in the Heart of Windsor!
This beautifully updated home at 807 Table Mountain Ct located in central Windsor boasts new paint, new carpet, and new windows with updated flooring in the kitchen and bathroom. Move in ready, this home has a large and bright living space connecting to the kitchen with an eat in dining space. The lower level has a large master suite with walk-in closet, custom shelving and remodeled master bath. Enjoy the lower level room for additional living space, office or workout room. Call Jacqueline Feil for your private showing at 970-402-7509 or click the link below for more details.
https://windermerenoco.com/listing/79091432
Northern Colorado Market Forecast Overview
Did you miss our Northern Colorado real estate market forecast or do you just want a quick refresher?
Windermere Colorado’s President, Eric Thompson, gives you a recap of what we discussed and what we predict will happen with the housing market in the upcoming years.
A few key points from Matthew Gardner, co-presenter at the forecast and Windermere Real Estate’s very own Chief Economist:
OVERVIEW
Annual employment growth in Colorado was measured at a respectable 2.2% in November and will likely finish the year having created around 55,000 new jobs. Within the metropolitan market areas included in this report, we are seeing employment growth at or above the state level and I anticipate that this will continue to be the case in 2017.
Unemployment rates continue to drop, and with rates now below three percent, all of Colorado’s metro areas are at full employment. Because of this robust level of growth—in concert with very low unemployment levels—I anticipate that we will see some fairly substantial income growth as companies look to recruit new talent and keep existing employees happy.
HOME SALE ACTIVITY
- There were 14,614 home sales during the fourth quarter of 2016—up by a marginal 0.7% from the same period in 2015.
- Jefferson County saw sales grow at the fastest rate over the past 12 months, with a 5.9% increase. Sales activity fell in three counties, but this was a function of short supply rather than slowing demand.
- Listing activity continues to remain well below historic averages, with the total number of homes for sale in the fourth quarter 12.8% below that seen a year ago.
- The key takeaway from this data is that 2017 is shaping up to be one which will still substantially favor home sellers. I do anticipate that we will see some improvement in listing activity, but it is almost a certainty that demand will exceed supply for another year.
HOME PRICES
- Demand continued to exceed supply in the final three months of 2016 and this caused home prices to continue to rise. In the fourth quarter, average prices rose by 9% when compared to the fourth quarter of 2015. The average sales price across the region is now $393,969.
- In many parts of the region, prices are well above historic highs and continue to trend upward. With double-digit price increases over the past year, the market remains very hot.
- Annual price growth was strongest in Larimer and Jefferson Counties, where prices rose by 11.8% and 10.9% respectively.
- While we will likely see some modest softening in home price growth in 2017, we can still expect a very strong market.
